The International Finance Corporation (IFC) has issued a $10 million bond to Zambia to support the country’s domestic capital markets. According to IFC, the bond… Read More »IFC Issues Second Bond to Support Zambia Capital Markets
The 2023 Ecobank Fintech Challenge witnessed over 1,400 fintech startups from 64 countries in Africa and beyond going for top honours. This edition represents the… Read More »Ecobank Fintech Challenge Picks 8 Startups Out of 1,400 Applicants
LemFi, a Canada-based fintech that allows Africans in the diaspora to send money back home and vice versa, has raised $33 million in a Series… Read More »LemFi Raises $33 M Series A Funding, Eyes Global Expansion
The Competition Authority of Kenya (CAK) has approved a move by Moniepoint, a Nigerian fintech company, to acquire a 100% stake in Kopo Kopo, a… Read More »Moniepoint Gets Nod to Acquire Kenyan Fintech Startup Kopo Kopo
The BRICS Business Forum kicked off in South Africa as President Cyril Ramphosa urged member countries to tap into the emerging on the African continent.… Read More »Ramaphosa Woos BRICS Nations to Tap Into AfCFTA Market as Summit Starts
Financial technology (Fintechs) is still the leader in Africa’s startup ecosystem in terms of funding and exit activities, a report by Disrupt Africa has established.… Read More »Fintechs Maintain Status as Africa’s Leading Investment Priority
The Golden Business Forum (GBF) kicked off in Kigali, Rwanda amid a debate on the benefits of implementing the African Continental Free Trade Area (AfCFTA).… Read More »AfCFTA Talks Dominate as Rwanda Hosts Golden Business Forum
Google Africa on Tuesday, August 15, committed to supporting Nigeria’s quest to create digital jobs for its population. Speaking during a meeting with Nigeria’s Vice… Read More »Google Africa Commits to Train 20,000 Nigerian Youth on Digital Skills
VC4A, a Pan-African venture builder, has announced 12 startups from across the continent to participate in the 2023 Venture Showcase Africa. Nigeria, Egypt, and Kenya… Read More »12 African Startups Selected to Exhibit in the 2023 VC4A Venture Showcase Africa
Founders Factory Africa, a pan-African early stage investor based in South Africa, has announced a breakthrough in raising $144 million in funding. In a statement… Read More »Founders Factory Africa Secures $114M for Up-scaling Startup Funding